ETH ETFs Rake in Total Flows of Around $65 Million in 3 Days

2025-04-29

Ethereum spot ETFs are gaining momentum quickly, recording significant inflows over the past few days. According to data from SoSoValue, Ethereum spot ETFs saw a combined net inflow of approximately $64.1 million on April 28 alone (Eastern Time), continuing a strong trend since their launch.

Key Takeaways

Ethereum spot ETFs attracted around $65 million in net inflows over the past three days.
BlackRock’s ETHA fund led the pack with a single-day inflow of $67.47 million on April 28.
Bitwise’s ETHW fund recorded the largest single-day net outflow, at $3.35 million.

Strong Performance Led by BlackRock’s ETHA

BlackRock’s Ethereum spot ETF, ETHA, posted the largest single-day net inflow among all Ethereum ETFs on April 28, pulling in $67.47 million.

ETHA's cumulative historical net inflows have now reached approximately $4.18 billion, highlighting continued institutional interest in Ethereum exposure through traditional investment vehicles.

Bitwise ETHW Records Net Outflow

In contrast, the Bitwise Ethereum ETF (ETHW) experienced the largest single-day net outflow among Ethereum ETFs, with $3.35 million in withdrawals on April 28.

Despite this setback, ETHW still maintains a healthy historical net inflow of $318 million.

Overall Market Impact

As of now:

The total net asset value of all Ethereum spot ETFs combined stands at $6.196 billion.
The ETF net asset ratio (market value as a percentage of Ethereum's total market capitalization) sits at 2.87%.
The historical cumulative net inflow into Ethereum spot ETFs has reached $2.465 billion.

These numbers show that Ethereum spot ETFs are starting to gain significant traction, although the scale still trails behind Bitcoin spot ETFs in terms of total market penetration.